Virtual Credit Card in India. You can get Virtual Credit Card in India easily. There are many options of Virtual Credit Cards in India. Freelancers and Bloggers often have to make payments online for goods and services like web hosting and advertisements. Debit cards are not accepted everywhere and having a credit card is a must in some scenarios. There are many options. But i will only highlight the Best Ones.
Virtual Credit Card in India
Virtual Credit Card is a Credit Card and in India you can create using your existing credit card account online and use the newly generated card to make a transaction over the Internet and soon after the card is rendered unusable. It comes with 16 Digit Card Number, 3 Digit CVV and ean expiration date. I recommend to go with the Bank options. Having the association with Bank which are officially certified by Indian Government is Safe. Here is the list of –
Best Virtual Credits Cards in India
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HDFC Bank Netsafe Card
HDFC Bank introduced the internationally available best practice – Virtual Credit Card under the brand name HDFC NetSafe Credit Card.However, in reality, the NetSafe Card expires within 24-36 hours after generation for increased security purpose.
How to Create HDFC Bank NetSafe Credit Card ?
Go to the HDFC Bank Website and Log on to NetSafe / VBV / MasterCard. Once Logged in, you will see a screen as shown below – Shows your name, existing credit card number, Available Limit that can be used to create NetSafe Card. You enter the amount in the “Limit” text box and press “Go” which will create your HDFC NetSafe Credit Card to be used for online shopping or e-commerce. The best practice is to generate this new card for a limit little greater than the amount you will need to shop. We were BUYING books worth Rs 900 and thus generated a card of Rs 1000 as shown below.
How to use HDFC NetSafe Card for e-Commerce ?
Your NetSafe Card is ready for use. Use the number and expiry of the card instead of credit / debit card number while shopping online. While using this card, you need not go through the second level of authentication process – MasterCode SecureCode or verified by Visa.
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SBI Virtual Credit Card
SBI has recently launched Virtual Card. This virtual card is not a Credit Card but can be used for any Indian site which accepts Visa Card. There are lots of restrictions which makes it less useful. But, If you are a SBI customer and don’t have a credit card then probably you will be interested about State Bank of India Virtual Card.
How to create State Bank of India Virtual Card:
- Login to your SBI online Banking Account. and Click on e-card option on right hand side.
- Fill the Card limit from Rs. 100 to Rs. 50,000. Then check the check-box to accept terms and condition then hit “Generate” Button.
- State Bank of India will ask you for confirmation. The only thing you will need to click “Generate” button.
- Now the Virtual Card will be generated. It will have Visa Card number of 16 digit. cardholders name, CVV number and Expiry.
To Summarize
For virtual credit card, no extra charges at all. You just need to maintain a Savings account with the bank in case you don’t have one already. The minimum balance for the account is usually INR 10K. Check the best Ad Networks for your blog.
Other Indian Banks that offer Virtual Credit Card in India –
Similarly, ICICI Bank requires a minimum FD of INR 20K and saving account of INR 10K. In total first time deposit of INR 30K. These deposits are fully refundable once you close your account. You can increase your credit limit up to three lakhs by increasing this deposit at the time of opening or later.
So, Think wisely. There might be many other agencies and organisation which will give you offers but just please don’t go for these marketing strategies. Always go with the trust and select only Indian Banks to choose your Virtual Credit Card in India.